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Pacific Money

The 21st century is commonly referred to as the 'Pacific Century.' For such a prediction to materialize, the economies of the Asia-Pacific must lead the globe. What challenges will the region face? What nations stand to benefit most? The Diplomat's economics and business blog, Pacific Money, will try to tackle these questions and more.

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Tariffs and Digital Technology in Modi’s Self-Reliant India
June 05, 2020

Tariffs and Digital Technology in Modi’s Self-Reliant India

By Ameya Pratap Singh and Urvi Tembey
COVID-19 has ushered in a greater emphasis on domestic capacity building in Modi’s India.
Is China Changing Its Thinking on Data Localization?
June 04, 2020

Is China Changing Its Thinking on Data Localization?

By Xiaomeng Lu
What to make of new provincial cross-border data flow proposals.

South Korea to Reopen WTO Complaint Over Japan Trade Curbs
June 03, 2020

South Korea to Reopen WTO Complaint Over Japan Trade Curbs

By Associated Press
Seoul initially opened its complaint last year at the World Trade Organization.

COVID-19: The Impact on China-Africa Debt
June 02, 2020

COVID-19: The Impact on China-Africa Debt

By Mercy A. Kuo
Insights from Linda Calabrese.

The North Korean Economy Under Sanctions and COVID-19
May 28, 2020

The North Korean Economy Under Sanctions and COVID-19

By 38 North / Bradley O. Babson
Amid stalled diplomacy and a global pandemic, North Korea is signalling major adjustments in its economic policies and management practices.
In Indonesia, Will COVID-19 Trigger Another Asian Financial Crisis?
May 21, 2020

In Indonesia, Will COVID-19 Trigger Another Asian Financial Crisis?

By James Guild
History may not repeat, but it does rhyme. 

Will COVID-19 Bring Industrial Policy Back in Vogue?
May 20, 2020

Will COVID-19 Bring Industrial Policy Back in Vogue?

By Stephen Olson
The pandemic has forced an overdue discussion on what we have inaccurately considered to be “free” markets and “free” trade.
Japan’s Economy Officially Enters Recession for First Time Since 2015
May 18, 2020

Japan’s Economy Officially Enters Recession for First Time Since 2015

By Ankit Panda
The effects of COVID-19 are likely to result in further economic pain for Japan.

Taiwan Chipmaker Announces US Factory as Apple Pledges to Expand Taiwan Investment
May 15, 2020

Taiwan Chipmaker Announces US Factory as Apple Pledges to Expand Taiwan Investment

By Nick Aspinwall
Semiconductor giant TSMC will invest $12 billion in a new Arizona chip plant, it announced Friday, while Apple will expand its Taiwan footprint.

The US, China, and the Perils of Post-COVID Decoupling
May 08, 2020

The US, China, and the Perils of Post-COVID Decoupling

By Yan Liang
Resorting to economic nationalism is the wrong lesson to take from the pandemic.

Amid COVID-19, Asia’s White Rice Is the New Black Gold
May 07, 2020

Amid COVID-19, Asia’s White Rice Is the New Black Gold

By Bob Savic
Surging demand and slashed exports are leading to inflated prices for rice across the region.
Remittances to South and Central Asia Poised to Dive Dramatically
May 05, 2020

Remittances to South and Central Asia Poised to Dive Dramatically

By Catherine Putz
South and Central Asia will see some of the largest declines in remittances in the wake of the COVID-19 pandemic.

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